What is money?
What is wealth?
Answers to these questions usually provide typical responses such as money means power, control, security, comfort, happiness, satisfaction, enrichment, etc. These responses simply represent feelings or experiences from exchanging something of perceived value for goods and services.
In reality, money itself is a means of exchange, and nothing more! Over time, wealth has been measured in many ways.
In ancient times, wealth was measured by ownership of such diverse items as gold pieces, seashells, animal furs, crops, and, yes, even the number of cows an individual owned. Some of these measures of wealth still exist today in some parts of the world.
For people who use what we think of as primitive forms of monetary items, the same feelings of power, control, security, comfort, happiness, satisfaction, and enrichment are experienced when something of perceived value is exchanged for goods and services. In
Previous times, the wealthy farmer needed enough cows for barter in order to sustain life and provide a comfortable lifestyle for his family. Today, the paper and coins we call money does the same thing.
0 comments:
Post a Comment